The ASX200 endured a tough start to May, as is so often the case, and this morning another 50-points looks set to be wiped off the index following a 5th consecutive down week on Wall Street. We cannot ignore the current warnings as the downside momentum gathers pace with US stocks now enduring their longest downside move in a decade, risk off continues unabated as central banks start hiking rates while money markets point to many more through 2022/23.
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